Panish | Shea | Ravipudi LLP founding partner Kevin Boyle and the team of plaintiff lawyers representing the victims and families of the 2017 Las Vegas Mass Shooting at the Route 91 Harvest Music Festival have reached a historic settlement with MGM Resorts International to resolve pending litigation. The total settlement amount is expected to be between $735 million and $800 million, subject to and depending on the number of victims who choose to participate in the settlement.
“We’re honored to represent this incredible group of Route 91 victims and their families, and hope this settlement can help bring them some relief in what has been an incredibly tragic situation,” said Kevin Boyle, Plaintiffs’ Co-Lead Counsel. “We would also like to thank the tireless efforts of all of the counsels involved to bring us to this place. MGM Resorts has demonstrated excellent corporate character throughout this mediation process so I would like to thank them as well. This is a positive development for all parties involved.”
At a press conference following the announcement, Mr. Boyle stressed the significance of this historic settlement. “Unfortunately, it seems like the only thing that drives change in this country is money. Now that we have companies realizing that they could be financially responsible for these shootings, we’re hoping that steps are going to be taken and pressure is going to be applied to the right government people to stop this madness. That’s what the families really want and that’s what we think this settlement is going to achieve,” Mr. Boyle said.
The settlement agreement is a result of ongoing mediation efforts by members of the Plaintiffs’ 1 October Litigation Leadership Group including Kevin Boyle of Panish | Shea | Ravipudi LLP, Mark Robinson of Robinson Calcagnie Inc., and Robert Eglet of Eglet Adams who all serve as Plaintiffs’ Co-Lead Counsel.
Under the Settlement Agreement, the parties will dismiss and release all pending litigation. The court will appoint an independent Claims Administrator to allocate the settlement funds to those claimants who choose to opt-in to the settlement agreement. The settlement fund will be funded by MGM Resorts’ insurers with a minimum of $735 million. The entire process is expected to be completed by late 2020.